Airgain Stock Alpha and Beta Analysis
| AIRG Stock | USD 8.58 0.09 1.06% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Airgain. It also helps investors analyze the systematic and unsystematic risks associated with investing in Airgain over a specified time horizon. Remember, high Airgain's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Airgain's market risk premium analysis include:
Beta 1.28 | Alpha 0.12 | Risk 3.06 | Sharpe Ratio 0.0738 | Expected Return 0.23 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Airgain Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Airgain market risk premium is the additional return an investor will receive from holding Airgain long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Airgain. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Airgain's performance over market.| α | 0.12 | β | 1.28 |
Airgain expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Airgain's Buy-and-hold return. Our buy-and-hold chart shows how Airgain performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Airgain Market Price Analysis
Market price analysis indicators help investors to evaluate how Airgain stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Airgain shares will generate the highest return on investment. By understating and applying Airgain stock market price indicators, traders can identify Airgain position entry and exit signals to maximize returns.
Airgain Return and Market Media
The median price of Airgain for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 8.76 with a coefficient of variation of 11.01. The daily time series for the period is distributed with a sample standard deviation of 0.93, arithmetic mean of 8.44, and mean deviation of 0.86. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | CommScope to Boost Network With AI-Driven Solution Stock to Gain | 09/04/2024 |
2 | Airgain is on the Move, Heres Why the Trend Could be Sustainable | 09/25/2024 |
3 | Acquisition by Munro Thomas A of 6602 shares of Airgain at 8.0 subject to Rule 16b-3 | 10/14/2024 |
4 | Acquisition by Jacob Suen of 1258 shares of Airgain subject to Rule 16b-3 | 11/04/2024 |
5 | Riassunto Airgain lancia la sua prima soluzione integrata di intelligenza artificiale per la tracciabilit dei vettori in volo | 11/07/2024 |
6 | Airgain Reports Break-Even Earnings for Q3 | 11/12/2024 |
7 | Airgain Given New 12.00 Price Target at Craig Hallum | 11/13/2024 |
8 | Airgain Releases Q4 2024 Earnings Guidance | 11/14/2024 |
9 | Disposition of 6777 shares by Michael Elbaz of Airgain at 9.093 subject to Rule 16b-3 | 11/18/2024 |
10 | Airgain CFO Michael Elbaz sells shares worth 61,623 | 11/20/2024 |
About Airgain Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Airgain or other stocks. Alpha measures the amount that position in Airgain has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 61.09 | 42.04 | 48.03 | 54.21 | PTB Ratio | 2.41 | 1.67 | 1.18 | 1.12 |
Airgain Upcoming Company Events
As portrayed in its financial statements, the presentation of Airgain's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Airgain's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Airgain's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Airgain. Please utilize our Beneish M Score to check the likelihood of Airgain's management manipulating its earnings.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Airgain
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Align your risk with return expectations
Check out Airgain Backtesting, Airgain Valuation, Airgain Correlation, Airgain Hype Analysis, Airgain Volatility, Airgain History and analyze Airgain Performance. For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Airgain technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.